Forum Replies Created
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AuthorPosts
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greekfire
ParticipantMaybe I don’t know enough about the subject, but why don’t we just let the market sort things out? The best way to promote a more diversified usage of energy is to have an increase in oil prices. Look at how many more Prius’ there are on the road, and how many more people are carpooling, taking mass transit, or riding their bikes instead of driving. I am sure that countless young (and old) entrepreneurs and inventors have been created as a result of the recent runup in energy prices. This is the free market at work. The government and taxes only serve to complicate things IMHO.
greekfire
ParticipantMaybe I don’t know enough about the subject, but why don’t we just let the market sort things out? The best way to promote a more diversified usage of energy is to have an increase in oil prices. Look at how many more Prius’ there are on the road, and how many more people are carpooling, taking mass transit, or riding their bikes instead of driving. I am sure that countless young (and old) entrepreneurs and inventors have been created as a result of the recent runup in energy prices. This is the free market at work. The government and taxes only serve to complicate things IMHO.
greekfire
ParticipantPerhaps you drifted from my query or you answered it more precisely than I had anticipated. We both agree that we are experiencing/about to experience, something profound. Is there any Case/Shiller-type index for gut feelings?
greekfire
ParticipantPerhaps you drifted from my query or you answered it more precisely than I had anticipated. We both agree that we are experiencing/about to experience, something profound. Is there any Case/Shiller-type index for gut feelings?
greekfire
ParticipantPerhaps you drifted from my query or you answered it more precisely than I had anticipated. We both agree that we are experiencing/about to experience, something profound. Is there any Case/Shiller-type index for gut feelings?
greekfire
ParticipantPerhaps you drifted from my query or you answered it more precisely than I had anticipated. We both agree that we are experiencing/about to experience, something profound. Is there any Case/Shiller-type index for gut feelings?
greekfire
ParticipantPerhaps you drifted from my query or you answered it more precisely than I had anticipated. We both agree that we are experiencing/about to experience, something profound. Is there any Case/Shiller-type index for gut feelings?
greekfire
Participantfsbo:
do you have any recommendations for a title company?
greekfire
Participantfsbo:
do you have any recommendations for a title company?
greekfire
Participantfsbo:
do you have any recommendations for a title company?
greekfire
Participantfsbo:
do you have any recommendations for a title company?
greekfire
Participantfsbo:
do you have any recommendations for a title company?
greekfire
ParticipantI understand that there are some serious downsides to purchasing this property. I am only in the beginning stages of research and will not make my decision until I have done my due diligence.
The motivating factors, as I see them are as follows (in no particular order):
PROS
1. Large, 3-unit with a basement located 1 block from the ocean with ocean views. Each unit is 1500sf.
2. Proposed rents should cover mortgage, taxes, and potential vacancy problems.
3. I have family (my Dad) that I would pay perform repairs.CONS
1. I live in the other corner of the country
2. Potential problems with renters (legal, financial, etc.)
3. Dealing with family in a business capacity
4. Vacancies and foreclosures are up
5. Other cons/expenses to look out for?I’m sure there are many more cons to consider. I welcome the devil’s advocate approach because it forces me to strengthen my reasons for pursuing this.
greekfire
ParticipantI understand that there are some serious downsides to purchasing this property. I am only in the beginning stages of research and will not make my decision until I have done my due diligence.
The motivating factors, as I see them are as follows (in no particular order):
PROS
1. Large, 3-unit with a basement located 1 block from the ocean with ocean views. Each unit is 1500sf.
2. Proposed rents should cover mortgage, taxes, and potential vacancy problems.
3. I have family (my Dad) that I would pay perform repairs.CONS
1. I live in the other corner of the country
2. Potential problems with renters (legal, financial, etc.)
3. Dealing with family in a business capacity
4. Vacancies and foreclosures are up
5. Other cons/expenses to look out for?I’m sure there are many more cons to consider. I welcome the devil’s advocate approach because it forces me to strengthen my reasons for pursuing this.
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